Summer Rate
If this is Obama's Summer of Recovery then why is the unemployment rate going up to 9.6% instead of down?
This last month it has gone down from 9.4% to 9.6% well above the 8% maximum level promised it would be at if he was elected.
Obama is so lost. Furthermore, the President pledged to do more of the same -- "we're fighting to build an economy...blah blah blah." And: "I will keep working day-by-day to restore opportunity, economic security, and that basic American Dream for our families and future generations." How reassuring.
(What's with praising the "American Dream"? The intellectual class long ago dismissed that stuff as hopelessly naïve pabulum for the rubes. And I thought "middle class" was a pejorative in Hyde Park.)
An increasing number of Americans wish President Obama would stop trying to fix the economy, since his every effort seems to bring the country closer to bankruptcy. Obama's accomplishments in his first two years have already earned him the crown of the most reckless and profligate president in history, so why not rest on his leftist laurels and give a stimulus to those green jobs on America's putting greens? o_O
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